Your annual reminder that Intuit/TurboTax have spent 20 years using their lobbying power to prevent the federal government from offering you free and functional electronic tax filing. DirectFile finally delivers that, but they haven't stopped trying to kill it. https://www.opensecrets.org/news/2024/02/turbotax-maker-intuit-spent-millions-in-record-lobbying-blitz-amid-threats-to-tax-prep-industry/
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Available in 25 states!
Yes, it's on the chopping block because the tax prep companies own congressional Republicans. But it'll be a lot harder to axe if it's extremely popular.
https://www.taxact.com
Both are free for federal filings. Freetaxusa has state filings for $14.99.
Do not use TurboTax or H&R Block, both are overpriced and lobby against filling for free!
It!
https://www.canada.ca/en/revenue-agency/services/e-services/digital-services-individuals/netfile-overview/certified-software-netfile-program.html
Consider updating your W4 tax withholding to pay the minimum for this year.
Make Intuit and TurboTax pay!
https://apnews.com/article/irs-direct-file-musk-18f-6a4dc35a92f9f29c310721af53f58b16
https://donmoynihan.substack.com/p/how-the-tax-preparation-industry?utm_source=publication-search
Couldn’t this year as it no longer handles 1099-DIV. Back to paper filing. Wtf.